Economic Development

Lancaster, Texas, stands at the forefront of economic growth and development, with a strategic focus on enhancing the city's economic landscape through targeted initiatives. As part of our commitment to fostering a vibrant economy, our Economic Development Department is dedicated to attracting high-value industries and leveraging local assets to ensure sustainable growth and prosperity.


 Local Attributes

Lancaster boasts several key attributes that make it an attractive destination for business investment and development.

Superior Electric Infrastructure: Lancaster benefits from being at the crossroads of high-capacity transmission lines, offering robust and reliable electric infrastructure vital for energy-intensive industries.

Access to Talented Workforce: The city has access to a highly skilled workforce, with easy commutes from the densely populated areas to the north (Dallas) and the ex-urban regions along I-35E and I-45. This ensures businesses have access to a diverse talent pool to meet their employment needs.

Customized Workforce Training: We offer customized workforce training programs through local institutions such as Dallas College (Cedar Valley Campus) and the University of North Texas – Dallas. These programs are designed to equip the workforce with the necessary skills to thrive in the industries we aim to attract.

Superior Access to Transportation Resources: Lancaster's strategic location provides unparalleled access to major transportation resources, including:

  • Rail: Connection to Union Pacific’s Dallas Intermodal Terminal, facilitating efficient freight movement.
  • Highway: Direct access to three interstate highways (I-35E, I-20, and I-45) and Loop 9, enhancing logistic and distribution capabilities.
  • Air: Proximity to Lancaster Regional Airport, Love Field (30 minutes away), and DFW Airport (45 minutes away), offering extensive air transport options for both cargo and passengers.

Aggressive Local Economic Development Incentives: We offer a range of economic development incentives tailored to the needs of targeted businesses. These incentives are designed to support business growth and development, making Lancaster an ideal location for investment.

 

Lancaster, Texas, is poised for economic transformation. With our strategic focus on economic attraction, coupled with the city's inherent advantages, we are dedicated to creating an environment where businesses can thrive and contribute to our community's prosperity.

 

Targeted Business Sectors

  1. Artificial Intelligence/Advanced Manufacturing
  2. Cold Storage
  3. Food Processing/Manufacturing
  4. Motor Vehicle Assembly/Components
  5. Data Centers
  6. Hotels rated ‘Upscale’ and above
  7. Restaurants
  8. Grocery Stores
  9. Independent Retail Stores
  10. Entertainment venues
  11. Quality housing


TEDC Excellence